Got 2 Fediman Club recipes while hunting for this on an empty Mage Tower 5F and it dropped around the 50-kill mark after the 2nd, so I wager it's a 250-300 DPK drop. Sicarius 2F Drakes did not seem to drop any even after about 500 kills, but there was some competition between several of us, so YMMV.
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Maybe 2% drop rate